With the introduction of the IOSS , the collection of the European Value Added Tax (VAT) by sellers exporting to the European Union (EU) has become mandatory, regardless of the sales volume.
Sellers need to:
- register at the IOSS in one of the EU countries
- collect the VAT
- fill in the tax filings in Europe
- have a fiscal representative
Fortunately, sellers using Glopal don't need to do any of the above as Glopal is going to register on their behalf and collect and declare the VAT for them.
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